PROTECTED SOURCE SCRIPT
Ichift Pro V4.0 - Full Alert
📘 SETUP GUIDE & CHEAT SHEET - ICHIFT PRO V4.0
To maximize the effectiveness of the indicator, it is essential to understand these key "tuning knobs":
1. Core Ichimoku Parameters
• Tenkan-sen (9) / Kijun-sen (26): The primary duo for Cross signals. The 9 and 26 settings are standard and optimized for most financial markets.
• Senkou Span B (52) / Displacement (26): These determine the thickness and position of the Kumo Cloud—the ultimate "barrier" for long-term trend identification.
2. Filter & Order Management (Crucial)
• Base Price Distance (priceDiff - 3.0): The unit used to calculate TP/SL.
• Example: For Gold (XAUUSD), 3.0 equals 30 pips. Increase this value if you aim for longer-term targets.
• TP Factor (1.0) & SL Factor (6.0): * Formula: Entry Price +/- (Base Distance x Factor).
• With default settings (1.0 and 6.0), the strategy focuses on quick take-profits while using a wider stop-loss to avoid "Stop Hunts" (wick spikes).
• Reset Timer (3h): If a trade hasn't hit TP or SL after 3 hours, the indicator resets to clear old signals. This is highly effective in avoiding capital tie-ups during flat (sideways) markets.
3. Higher Timeframe (HTF) Trend Filter
• HTF Filter (e.g., 15m): * If trading on the 1m chart: Use a 5m or 15m filter.
• If trading on the 5m chart: Use a 15m or 1h filter.
• The Principle: Always align your trades with a larger timeframe to ensure you are "standing on the shoulders of giants."
💡 PRO TRADING TIPS:
1. Color Synergy: Only enter a trade when the signal label matches the color of the future Kumo Cloud (Green Cloud + BUY signal = High win probability).
2. Risk Management: Despite clear TP/SL levels, always adhere to the 1-2% risk-per-trade rule.
3. Customization: For low-volatility Forex pairs, you can reduce the priceDiff to 1.0 - 2.0 to generate tighter, more frequent labels.
To maximize the effectiveness of the indicator, it is essential to understand these key "tuning knobs":
1. Core Ichimoku Parameters
• Tenkan-sen (9) / Kijun-sen (26): The primary duo for Cross signals. The 9 and 26 settings are standard and optimized for most financial markets.
• Senkou Span B (52) / Displacement (26): These determine the thickness and position of the Kumo Cloud—the ultimate "barrier" for long-term trend identification.
2. Filter & Order Management (Crucial)
• Base Price Distance (priceDiff - 3.0): The unit used to calculate TP/SL.
• Example: For Gold (XAUUSD), 3.0 equals 30 pips. Increase this value if you aim for longer-term targets.
• TP Factor (1.0) & SL Factor (6.0): * Formula: Entry Price +/- (Base Distance x Factor).
• With default settings (1.0 and 6.0), the strategy focuses on quick take-profits while using a wider stop-loss to avoid "Stop Hunts" (wick spikes).
• Reset Timer (3h): If a trade hasn't hit TP or SL after 3 hours, the indicator resets to clear old signals. This is highly effective in avoiding capital tie-ups during flat (sideways) markets.
3. Higher Timeframe (HTF) Trend Filter
• HTF Filter (e.g., 15m): * If trading on the 1m chart: Use a 5m or 15m filter.
• If trading on the 5m chart: Use a 15m or 1h filter.
• The Principle: Always align your trades with a larger timeframe to ensure you are "standing on the shoulders of giants."
💡 PRO TRADING TIPS:
1. Color Synergy: Only enter a trade when the signal label matches the color of the future Kumo Cloud (Green Cloud + BUY signal = High win probability).
2. Risk Management: Despite clear TP/SL levels, always adhere to the 1-2% risk-per-trade rule.
3. Customization: For low-volatility Forex pairs, you can reduce the priceDiff to 1.0 - 2.0 to generate tighter, more frequent labels.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode gerenciar suas escolhas de bate-papo. Por favor, abra suas Configurações do perfil
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode gerenciar suas escolhas de bate-papo. Por favor, abra suas Configurações do perfil
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.